1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha2012 [34]
3 years ago
6

With the current economy, gas prices are now skyrocketing! The price of gas used to be $3.70, and it is increasing at a rate of

5% a week. How long until a gallon of gas will cost $4.80?
Mathematics
1 answer:
zysi [14]3 years ago
4 0

Answer:

It will take 5.33 years for the price of gas to reach $4.8.-

Step-by-step explanation:

Giving the following information:

Present value= $3.7

Future value= $4.8

Growth rate= 5%

<u>To calculate the time required to reach  $4.8, we need to use the following formula:</u>

<u></u>

n= ln(FV/PV) / ln(1+g)

n= ln(4.8 / 3.7) / ln(1.05)

n= 5.33

It will take 5.33 years for the price of gas to reach $4.8.-

You might be interested in
Hi can you help me please?)
AlladinOne [14]

<em>*To solve for a specified variable, you need to isolate that variable onto one side.</em>

<h3>11.</h3>

Firstly, subtract 5r on both sides: 2p=q-5r

Lastly, divide both sides by 2 and <u>your answer will be p=\frac{1}{2}q-\frac{5}{2}r</u>

<h3>12.</h3>

First, subtract z on both sides of the equation: -10-z=xy

Next, divide both sides by y and <u>your answer will be \frac{-10-z}{y}=x</u>

<h3>13.</h3>

Firstly, multiply both sides by b: a=cb

Next, divide both sides by c and <u>your answer will be \frac{a}{c}=b</u>

5 0
3 years ago
A chef can make 12 omelets in one hour . what is the rate of omelets per minute?
g100num [7]
5 per minute is the answer.

4 0
3 years ago
Help????? Pls?????????
Fantom [35]
18 men in the dance recital
6 0
3 years ago
Read 2 more answers
A car the normally sells for 20,000 is on sale for 18,000 what is the discount rate?
balandron [24]
(20,000-18,000)÷20,000=0.1=10%
6 0
3 years ago
The %20 tip on a $73 meal need answers asap
andrezito [222]

Answer:

Bill:$73.00

Tip:$14.60

Total:$87.60

5 0
3 years ago
Read 2 more answers
Other questions:
  • Tim wants to collect 400 stickers. if he makes pages of 10, how will he know when he has 400 stickers?
    9·2 answers
  • What is the first quartile<br> value of 16 18 20 14 17 27 33 9 + 12​
    11·1 answer
  • Please help !! thanks in advance :D
    10·2 answers
  • What is the value of x in the equation 3x4y=65, when y=4
    6·2 answers
  • A suspension bridge has a cable shaped like a parabola. The bridge is supported by two towers. The towers are meters apart. If t
    8·1 answer
  • Find the value of Z. [Inscribed Angle]
    7·2 answers
  • A new patio will be an irregular hexagon. The patio will have two long parallel sides and an area of 360 square feet. The area o
    8·2 answers
  • _ +18=5+41<br><br> What is the equation to finding the missing number
    9·2 answers
  • Write the expression that would represent “seven less than five times a number.”
    9·1 answer
  • PLz help awarding brainlest to best answer
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!